Swiss Re Acquires 25% Stake in Nigerian Leadway Assurance

July 20, 2016

Investment allows Swiss Re “to deploy capital in line with its strategy of accessing new risk pools in emerging markets,” Lagos-based underwriter says in e-mailed statement.

* Swiss Re acquired shares following exit of IFC from co.;
* Leadway, a Nigerian private co. providing insurance services, operates units in pension fund management, trusteeship, hospitality, according to statement. Source: Bloomberg